Bermuda, 8 June 2022 - Shares in Avance Gas Holding Ltd. will be traded ex-dividend USD 0.20 as of today. For further information, please contact: Randi Navdal Bekkelund CFO Tel: +47 22 00 48 29 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Key information relating to the dividend to be paid by Avance Gas Holding Ltd. for the first quarter 2022: Dividend amount: $0.20 Declared currency: USD Last day including right: 7 June, 2022 Ex-date: 8 June, 2022 Record date: 9 June, 2022 Payment date: 23 June, 2022 Date of approval: 24 May, 2022 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
BERMUDA, 25 May 2022 – Avance Gas Holding Ltd (OSE: AGAS or the “Company”) today reported unaudited results for the first quarter 2022. HIGHLIGHTS The average time charter equivalent (TCE) rate was $37,608/day compared to $27,631/day in Q4 2021.Daily operating expenses (OPEX) were $8,459/day, up from $8,139/day in Q4 2021.A&G expenses were $1,126/day, down from $1,351/day in Q4 2021.Net profit of $24.3 million compared to $7.5 million for the fourth quarter 2021, or earnings per share of 32 cent